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12 Cards in this Set
- Front
- Back
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Non pecuniary disadvantages |
Non money disadvantages such as stress, dirty conditions. Workers want extra income to compensate |
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Globalisation |
The mass movement of workers is brought about by globalization. Easier to emigrate due to better links |
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Professional association |
Can legally enforce requirements |
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Occupational mobility |
Workers with transferable skills can offer skills to other labour markets |
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Trade union |
A collection of Workers that act together, they can restrict supply of Labour and increase wage rate |
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Opportunity Cost |
Wages you could earn in another job affect your willingness to work in current job |
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Qualifications |
Not everyone is capable of gaining a high level of qualification |
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Qualifications |
Not everyone is capable of gaining a high level of qualification |
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Skills |
More skills required, less capable people are of doing it |
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Qualifications |
Not everyone is capable of gaining a high level of qualification |
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Skills |
More skills required, less capable people are of doing it |
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Prejudice |
Gender, ethnic etc, in long run people who are knocked back by prejudice will accept lower paid jobs in the long run |
